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GBPUSD will trend up right now

GBPUSD will trend up right now

We expect GBPUSD to trend up for the next 2 hours. Based on these past NZ Interest Rate Decision news events there is a 75.0% of this.
We expect this to happen because the released value is = 1.50%. A price movement of 4 pips is expected.

Historical events that allowed us to draw this conclusion

13 Feb 01:00
 
26 Sep 21:00
 
08 Aug 21:00
 
27 Jun 21:00
 
09 May 21:00
 
07 Feb 20:00
 
08 Nov 20:00
 
27 Sep 20:00
 
09 Aug 21:00
 

* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)

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